Lecture 03: Partnership Formation. [Partnership Accounting]

[@mercylynmaemanaid-zg6fq]

hello po! i just want to share my little achievement sainyo, sinagutan ko yung problem on my own then saka ko binalikan yung video ninyo and i’m so happy na parehas po tayo ng sagot, it’s not that much but for me na isa sa mga struggling BSA Student, sobrang thankful po ako sa videos ninyo. Hindi ko po kayo makakalimutan kasi ito po yung unang beses na nagsagot ako nang confident ako dahil sa mga tinuro ninyo. it’s definitely an achievement to me and I hope babalikan ko yung comment ko dito in the nearest future but not a BSA student anymore and instead as a CPA already. Thank you so much sir wil! God bless you always. Goodnight po!

[@florescentnase]

Fighting for qualifying exam. Balikan ko to pag pumasa ako sa Monday. Lavarrrnnn. Salamat Sir.

[@reymichaelmanog1412]

pumasa kaba?

[@florescentnase]

@@reymichaelmanog1412 yes po hehe.

[@reymichaelmanog1412]

pag di ako bumalik dito di ako Pasa within this month. HAHAHAHHA

[@florescentnase]

@@reymichaelmanog1412 uyyyy wag ganun. Papasa ka. Claim it! Good luck sayo : )

[@nasm5542]

Tysm Sir Win!🖤🖤🖤

[@ravien5052]

thank you po, Sir Win!

[@alexandersantos1664]

Hi sir Win, I highly appreciated po yung effort niyo po at tbh marami po ako natutunan. Baka po pwede rin po kayo gumawa ng vid about distribution of profit and losses-partnership.

[@chirikokaede8114]

Thank you po , Sir

[@ArnelMendoza-vs1ul]

Sir pano po kinocompute yung malaki yung total agreed capital sa total contributed capital

[@dandelionsvlog4874]

I need to go back sa basic accounting siguro 😢

[@lostsmile9492]

Pano po kung don sa old books ng bawat partner may allowance for doubtful accounts, ano pong treatment don?

[@ljdodson3641]

Sir correct me if im wrong but yung inventory in Sultan must only be 15k as it was decreased by 180k from 200k. Adjusted capital balance of lique should be 455k, sultan 163k Total assets lique 555k ; sultan 413k Total liabilities + equity lique 555k; sultan sultan 413k Statement of financial position of the partnership Total assets 968k Total liab+equity 968k

[@jadidaagun]

Inventory is 185K po. Di po siya ni-decrease BY 185K but rather from 200K (unadjusted) TO 185 (Adjusted). And yung figure para umabot siya ng 185 is to subtract 15K from 200K.

[@chirikokaede8114]

Treatment for goodwill account naman po , thank you po

[@SirWinAccountingLectures]

wala ng ganon sa new partnership formation. goodwill is applicable na lang sa business combination.

[@jtvph8646]

Sir, how about the formation of 2 partnership into a new partnership?

[@christopheropena0123]

Good day PO sir. Ask ko lang po if what if PO ANG NAGING stipulation is UNG 1 book PO NG partner ANG Gagamitin upon formation po instead PO NA gumawa NG new sets of book ANG new partners after closing entries. Example PO, napagdesisyunan pong gamitin UNG Kay lique, Bali ANG need LNG po BA iclose ay UNG Kay sultan? Salamat PO 🤗

[@teamkanunay6724]

Hello po sir, paano po yong Partnership and Corporation kasi diko po nakita sa mga video nyo. Salamat po

[@WhitnyAlgenGamolo]

Good day, sir. Sino po yung author na reference niyo po?

[@WhitnyAlgenGamolo]

yung treatment po sa bonus account po sir

[@WhitnyAlgenGamolo]

Good day, sir. Sino po yung author na reference niyo po?